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$189,900

Beds
4
Baths
2.0
sq ft
1,936

444 S William St, Marine City, MI 48039

444 S William St

Marine City, MI 48039

  • 77 days on market
    • Price drop $10,000↓
Currently being used as a duplex but could easily be converted to a single family residence. GREAT OPPORTUNITY - Marine City Duplex- live in one unit and let the tenant who lives in the other unit pay your mortgage. Each unit is 2BR, 1 bath. Upper unit rents for $600, lower for $700 but vacant at this time. Brand new front porch All separate utilities. Great location-short walk to downtown shops, boutiques, award winning restaurants, 3 theaters, sandy beach and hotel.

Details

Property type

Single Family Residence

Est. home value

$177,595

Lot size

3,049 sq ft

Price per sq ft

$99

Year built

1900

Annual property taxes

$2,610

Price History

08/08/2024
MiRealSource

MiRealSource #50147496

Price change
$189,900
-5%
07/04/2024
MiRealSource

MiRealSource #50147496

Listed
$199,900
+17.66%
01/29/2024
MiRealSource

MiRealSource #50130525

Removed
$169,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East China School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$147,091
Asking price
$189,900
Closing costs (~8% of asking)
-$15,192
Est. remaining loan balance
-$27,617
Cash to seller
$147,091

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

July 2014

Original loan amount

$73,450

Est. remaining balance

$27,617

Interest rate

3.21%

Loan type

New Conventional, 15 year

Seller

Michael J Zweng and Kara Zweng

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 6:35 PM

Listing updated: 09/12/2024 at 3:32 PM

Listed by: Michael Frank, Frank Real Estate Phone #: (810) 765-4005

MLS: MiRealSource #50147496

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